Proven Winner
Addressing all comrades, here’s some reminders to all of us:
No investor can make money in every trade he makes. Losses are bound to happen sooner or later. What is important is that investors must learn to handle their losses with rigorous discipline, and use their mistakes to improve their investment decisions in the future.
In this way, even losses can provide returns in the form of an improved investment decision-making framework in the future.
However, not all losses come with lessons. You will experience times where you make all the right decisions and come out with losses still.
No one is immune from this. Not even Warren Buffett.
In such a case, it is wise to remember that life is a game of probability and that professional sports betting industry is similar in that regard – we can only try to invest in such a way that the bets are stacked in our favour as much as possible.
I would further tell you this: to not imagine a mistake if there was none. It is understandable that most people will want to find the source of their failures. We want to know why the chicken came out wrong, why we got 90 instead of a 100, why our proposal was rejected and why we failed. And yet sometimes, there is no lesson to be learned.
Sometimes, you just go back to the investing checklist you have, see that you ticked off everything you were supposed to, and realise that there’s really nothing that can be done.
As investors, more than anything, you must develop the mental mindset to thrive in times of uncertainty, fear, and trouble.
I’ve made my wealth through sports betting, buy my houses, my cars, been there, done that, still doing it now. I’ve lost money but win bigger money, and continue to make money.
It all started with learning and continuing to do better, with the right mindset and acting on it consistently.
Good luck.